** Luxury home builder Toll Brothers' TOL.N shares fall ~5.8% to $115.02 in premarket trading
** Q1 profit fell ~25.8% from the year-ago period to $177.7 million, or $1.75/share, co reported on Tuesday
** "While our net income and earnings per share came in below expectations, this was due primarily to impairments and a delay in the sale of a stabilized apartment property in one of our joint ventures," said Chief Executive Officer Douglas Yearley Jr.
** Co's revenue from home sales fell 4.7% to $1.84 bln
** Eleven of 19 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell"; their median PT is $160 - LSEG data
** TOL shares down 3.1% YTD as of last close; stock rose ~22.5% in 2024
(Reporting by Ateev Bhandari in Bengaluru)
((Ateev.Bhandari@thomsonreuters.com;))
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